SHIBA Repeating this Pattern 3 Consecutive Days NEED TO SEE THIS
I use this pattern to trade the S&P Futures Index and it always works for me, its just nothing but Pure Price Action witch is the methodology of my preference.
This pattern i call it "N3" because if you it looks like a letter N in three major movements, but it has its rules, same rules we use for the two-legged pullbacks
the only difference is that in this pattern we are always looking for new extremes after the price bounces on a major trend
SO NUMBER 1: we have to look for a major trend or a break out of the trend Channel for example...
After Ellen musk tweeted that he only owns Bitcoin ethereum and Dodge corn he created FUD dropping the price all the way down and then creating reversal to be considered as a major Trend after the drop.
NUMBER 2: at the end of the major trend we called that a new high and consequently we are going to see a small correction which I called the test, after that small correction the price always bounce to a new extreme
and this pattern has been repeating for 3 consecutive days and looks like we are going to expect another bull run soon
**HERE IS THE CRYPTO SLANG LINK FOR BEGGINER TRADERS, CHECK IT OUT:
paxful.com/blog/cryp...langs-for-beginners/
This pattern i call it "N3" because if you it looks like a letter N in three major movements, but it has its rules, same rules we use for the two-legged pullbacks
the only difference is that in this pattern we are always looking for new extremes after the price bounces on a major trend
SO NUMBER 1: we have to look for a major trend or a break out of the trend Channel for example...
After Ellen musk tweeted that he only owns Bitcoin ethereum and Dodge corn he created FUD dropping the price all the way down and then creating reversal to be considered as a major Trend after the drop.
NUMBER 2: at the end of the major trend we called that a new high and consequently we are going to see a small correction which I called the test, after that small correction the price always bounce to a new extreme
and this pattern has been repeating for 3 consecutive days and looks like we are going to expect another bull run soon
**HERE IS THE CRYPTO SLANG LINK FOR BEGGINER TRADERS, CHECK IT OUT:
paxful.com/blog/cryp...langs-for-beginners/
